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...even governments with the biggest budgetary constraints are being forced to respond. The Austrian parliament in May approved government plans to slash corporate taxes from 34% to 25%, beginning next year. Belgium last year cut its corporate-tax rate to 34% from 40%. Firms operating in Estonia now pay zero tax on profits they reinvest inside the country. In Italy, Prime Minister Silvio Berlusconi promised but then backed away from €12.5 billion in income-tax relief. And even recalcitrant Germany made a small cut in income tax this year as part of a package of measures agreed...

Author: /time Magazine | Title: Escape From Tax Hell | 7/11/2004 | See Source »

...paralyzed, and health officials are worried the tide has turned against them. "This year is the real nail biter," says Dr. Bruce Aylward, coordinator of the WHO's polio-eradication program. "Under a thousand cases is an unnatural state for an epidemic disease. Either we force it down to zero, or it is going to blow up and paralyze hundreds of thousands of children every year...

Author: /time Magazine | Title: One Child at a Time | 7/5/2004 | See Source »

...from a more targeted, molecular-based assault on the disease. Old-fashioned chemotherapy and radiation treatments were blunt weapons that killed healthy cells along with malignant ones; the treatments were far too toxic for most patients to endure. By comparison, the new-generation drugs are precision-guided missiles that zero in on tumors with a minimum of collateral damage. Used in combination with advanced techniques for classifying tumors by their molecular signatures and screening patients by their DNA, the drugs are transforming cancer from a deadly disease into a chronic condition that can be managed indefinitely. The FDA, responsible...

Author: /time Magazine | Title: Health: Surviving Cancer | 6/21/2004 | See Source »

...Robin Murphy was on the scene with a team of robots to help sort through the debris. It was the first real-world test of the Center for Robot-Assisted Search and Rescue in Tampa, Fla., the only unit of its kind on the planet. Rescue workers at ground zero, accustomed to using trained dogs and cameras mounted on poles to look for survivors and human remains and test for structural weaknesses, soon saw the advantage of cyberhelpers. "Search cams typically penetrate only 18 ft., and the heat was melting the heads off some of them," says Murphy...

Author: /time Magazine | Title: Artificial Intelligence: Forging The Future: Rise of the Machines | 6/14/2004 | See Source »

Harvard was headed in the other direction. The Crimson came into the game winners of zero of its last five and fresh off a 91-67 drubbing the night before at the hands of Brown. Yale came into the game searching for its 10th win of the season; Harvard sought its third...

Author: NO WRITER ATTRIBUTED | Title: Upset of the Year: M. Hoops 78, Yale 71 | 6/10/2004 | See Source »

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